Will This ETF Beat the Market Over the Next 12 Months?
2024 was another banner year for the US stock market,…
Trailing 12 Months | Fiscal Quarters | |||||
---|---|---|---|---|---|---|
Period Ending | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2023-09-30 | 2024-09-30 | |
Income Statement | ||||||
Revenue | $19.3B | $23.5B | $24.8B | $5.9B | $6.3B | |
Gross Profit | $4.2B | $5.3B | $5.1B | $1.4B | $1.3B | |
Operating Income | $3.1B | $4.2B | $3.8B | $1.1B | $953M | |
EBITDA | $3.4B | $4.5B | $4.1B | $1.2B | $1B | |
Diluted EPS | $6.56 | $9.44 | $9.56 | $2.51 | $2.07 |
Period Ending | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | |
---|---|---|---|---|---|---|
Balance Sheet | ||||||
Current Assets | $3.5B | $3B | $3.7B | $3.7B | $3.6B | |
Total Assets | $25.1B | $24.5B | $24.8B | $25.3B | $26.2B | |
Current Liabilities | $6B | $6B | $7.1B | $7.7B | $8.5B | |
Total Liabilities | $24.9B | $23.6B | $23.7B | $25.9B | $28.6B | |
Total Equity | $229M | $918M | $1.1B | -$661M | -$2.4B | |
Total Debt | $11B | $9.8B | $9.4B | $11.8B | $13.6B |
Trailing 12 Months | Fiscal Quarters | |||||
---|---|---|---|---|---|---|
Period Ending | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2023-09-30 | 2024-09-30 | |
Cash Flow Statement | ||||||
Cash Flow Operations | $2.4B | $2.9B | $3.2B | $881M | $880M | |
Cash From Investing | -$243M | -$523M | -$491M | -$120M | -$164M | |
Cash From Financing | -$1.8B | -$2.7B | -$3B | -$597M | -$670M | |
Free Cash Flow | $2.1B | $2.4B | $2.6B | $757M | $706M |
Marriott operates 1.7 million rooms across roughly 30 brands. At the end of 2023, luxury represented roughly 10% of total rooms, premium 42%, select service was 46%, midscale 1%, and other 1%. Marriott, Courtyard, and Sheraton are the largest brands, while Autograph, Tribute, Moxy, Aloft, and Element are newer lifestyle brands. Managed and franchised represented 97% of total rooms as of Dec. 31, 2023. North America makes up 63% of total rooms. Managed, franchise, and incentive fees represent the vast majority of revenue and profitability for the company.
In the current month, MAR has received 6 Buy ratings 16 Hold ratings, and 1 Sell ratings. The MAR average analyst price target in the past 3 months is $277.20.
According to analysts, the consensus estimate is that Marriott International share price will rise to $277.20 per share over the next 12 months.
Analysts are divided on their view about Marriott International share price and where it will be in the next 12 months. The majority of analysts rate the stock a Buy. However, a smaller subset of analysts suggest that Marriott International is a Sell and believe this share price will drop from its current level to $200.00.
The price target for Marriott International over the next 1-year time period is forecast to be $277.20 according to 23 Wall Street analysts, 6 of them rate the stock a Buy, 1 rates the stock a Sell, and 16 analysts rate the stock a Hold.
According to Wall Street analysts, the consensus rating for Marriott International is a Hold. 16 of 23 analysts rate the stock a Hold at this time.
You can purchase shares of Marriott International via an online brokerage firm such as TD Ameritrade.com, thinkorswim.com, e-trade.com, TastyTrade.com, or Schwab.com. Many other digital online brokerages exist such as RobinHood and Webull where you can purchase Marriott International shares.
Marriott International was last trading at $275.18 per share. This represents the most recent stock quote for Marriott International. Yesterday, Marriott International closed at $274.45 per share.
In order to purchase Marriott International stock online, open a brokerage account, deposit funds into the account, and select an order type to purchase shares whether it be market or limit.
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